The Enclave at the Biltmore Financial District

Key facts from The Enclave at the Biltmore Financial District's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I, Section 7: 'Condominium means)

Legal name

The Enclave at the Biltmore Financial District Condominium Owners Association (First paragraph of document)

Units / lots

60 (same as units) (Same as above)

Developer / declarant

Windsor/Apex, L.L.C., an Arizona limited liability company (Heading and Article I, Section 11)

Governing law

Arizona Condominium Act, A.R.S. §33-1201 et seq. (Article I, Section 8)

Assessments & dues

Not fixed; determined by Board. (Article V, Section 2: 'Board of Director)

Special assessments

Requires assent of 2/3 of Member votes in person or by proxy at a meeting duly called. (Article V, Section 3)

Collections & liens

Assessment lien on the Unit; sub to first mortgagee; power of sale; personal obligation of Owner; attorneys fees and costs awarded to prevailing party. (Article V, Sections 1, 6, 8)

Reserves & fees

Not required; surplus may be carried forward and not require reduction of assessments. (Article V, Section 9)

Voting & meetings

One vote per Unit; no fractional votes; multiple owners must agree on one vote; suspended for nonpayment of assessments. (Article VI, Sections 2 and 3)

Amendments

Loan pledging future assessments requires approval by not less than two-thirds (2/3) of the total Members, as provided in the Bylaws (Article IV, Section 3 (added sentence))

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.